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State Street Ceases to Be Substantial Holder in Select Harvests
State Street Corporation and its subsidiaries have announced they are no longer substantial shareholders in Select Harvests Limited (AU:SHV), as their relevant interest in the company’s voting securities fell below the disclosure threshold. This change in major institutional ownership could impact Select Harvests’ shareholder structure and governance dynamics, potentially creating opportunities for other investors. Select Harvests is an Australian agribusiness specializing in almonds, with a current “Hold” analyst rating and a A$4.30 price target.